The Principal Balance Of

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What is Principal Balance? definition and meaning
“The lawyers realized that if they made some extra payments to bring down the principal balance on their mortgage, they could finish paying for their office space five years earlier than planned.
Principal Balance | legal definition of Principal Balance ...
Principal Balance means the sale price of the goods or services which are the subject matter of a retail installment contract less the amount of the buyer's down payment in money or goods or both, plus the amounts, if any, included therein, ...
Principal balance - Wikipedia
The principal balance, in regard to a mortgage or other debt instrument, is the amount due and owing to satisfy the payoff of the underlying obligation, less interest or other charges. Amortized mortgage loans automatically pay a portion of each monthly payment to the principal balance, ...

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